ZipRecruiter

Log In

1

Hedge Fund Operations Manager Jobs in Indiana (NOW HIRING)

State of Indiana

PathWays Coordinator

Indianapolis, IN

$67K/yr

This role collaborates with Managed Care Entities, providers, and members. The ideal candidate will ... Develop and oversee program financial or budget activities to fund operations, maximize investments ...

State of Indiana

PathWays Coordinator

Indianapolis, IN · On-site

$67K/yr

This role collaborates with Managed Care Entities, providers, and members. The ideal candidate will ... Develop and oversee program financial or budget activities to fund operations, maximize investments ...

Apex Group Ltd

Manager, Close ended

Evansville, IN · On-site

The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund ... Collaborating with operational centers * Working on ad hoc internal and global projects (as ...

previous page

Showing results 41-60

All JobsHedge Fund Operations JobsHedge Fund Operations Manager JobsHedge Fund Operations Manager Jobs in Indiana

Hedge Fund Operations Manager information

See Indiana salary details

$29.5K

$60.4K

$112.8K

How much do hedge fund operations manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for hedge fund operations manager in Indiana is $60,383.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,000.00 and $73,700.00 per year, depending on experience, location, and employer.

What does a hedge fund operations manager do?

A Hedge Fund Operations Manager oversees the day-to-day administrative and operational functions of a hedge fund. Their responsibilities typically include trade settlement, cash management, reporting, compliance, and risk oversight. They coordinate with traders, portfolio managers, custodians, and prime brokers to ensure smooth execution and accurate record-keeping. Additionally, they help implement procedures to enhance efficiency and manage operational risks within the fund.

What are the key skills and qualifications needed to thrive as a hedge fund operations manager?

To thrive as a Hedge Fund Operations Manager, you need a solid background in finance, accounting, and investment operations, often supported by a relevant bachelor’s degree and experience in the financial sector. Familiarity with portfolio management systems, trade reconciliation platforms, and regulatory reporting tools, as well as certifications like CFA or CAIA, is highly valuable. Exceptional organizational skills, attention to detail, and strong communication abilities set top performers apart. These competencies ensure accurate trade processing, compliance, and efficient coordination, which are crucial for minimizing risk and supporting successful fund performance.

What are some common challenges faced by a hedge fund operations manager, and how can they be addressed?

Hedge Fund Operations Managers often encounter challenges such as managing complex trade settlements, ensuring regulatory compliance, and maintaining accurate reporting across multiple asset classes. These challenges can be addressed by implementing robust operational processes, utilizing advanced technology platforms, and fostering strong communication with portfolio managers, custodians, and counterparties. Staying updated on industry regulations and best practices is also crucial to minimize operational risk and support the fund’s overall performance.

What is the difference between Hedge Fund Operations Manager vs Hedge Fund Analyst?

AspectHedge Fund Operations ManagerHedge Fund Analyst
Primary RoleOversees operational processes, compliance, and fund administrationConducts investment research, analyzes market data, and makes investment recommendations
Required SkillsOperational expertise, compliance knowledge, project managementFinancial modeling, market analysis, quantitative skills
Work EnvironmentBack-office, administrative, collaborative with portfolio managersResearch-focused, analytical, often in front-office roles
CertificationsPossibly CFA, CPA, or operational certificationsTypically CFA or similar investment credentials

The Hedge Fund Operations Manager primarily handles the operational and administrative aspects of the fund, ensuring compliance and smooth processes. In contrast, the Hedge Fund Analyst focuses on investment analysis and market research. Both roles require strong financial knowledge, but their daily tasks and skill sets differ significantly, reflecting their distinct functions within the hedge fund industry.

How much do hedge fund operations managers make?

Hedge fund operations managers typically earn between $80,000 and $200,000 annually, with senior roles and those at large firms earning higher salaries and bonuses. Compensation often includes performance-based incentives and benefits, reflecting the complexity of fund operations and required expertise in finance and compliance.

What are popular job titles related to Hedge Fund Operations Manager jobs in Indiana?

For Hedge Fund Operations Manager jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Hedge Fund Operations Manager jobs in Indiana look for?

The top searched job categories for Hedge Fund Operations Manager jobs in Indiana are:

What cities in Indiana are hiring for Hedge Fund Operations Manager jobs?

Cities in Indiana with the most Hedge Fund Operations Manager job openings:

Hedge Fund Operations Manager jobs near you
Infographic showing various Hedge Fund Operations Manager job openings in Indiana as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $60,383 per year, or $29 per hour.

Dually-Eligible Analyst

State of Indiana

Indianapolis, IN • On-site

$59K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

State Of Indiana rating

7.0

Company rating: 7.0 out of 10

Based on 189 frontline employees who took The Breakroom Quiz

41st of 50 rated states

Job description

 Work for Indiana

Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.

About the Family & Social Services Administration:

The Office of Medicaid Policy and Planning (OMPP) is a division within the Family and Social Services Administration, which receives around 18 percent of the state's budget to ensure vital health care coverage to approximately 1 in 4 Hoosiers. OMPP strives to build programs and processes that enable Hoosiers to live in fully engaged communities and reach their greatest emotional, mental, and physical well-being. Our mission is to support individual and community well-being with effective and efficient programs, remarkable collaborations, measurable impact on individuals and communities, and an energized staff that is fully engaged with this mission.

Role Overview: 

This role, Dually-Eligible Business Systems Analyst, provides analytical support to improve program operations, ensure compliance with federal CMS requirements, enhance managed care oversight, and inform policy decisions that impact the health of Hoosiers enrolled in Medicaid and Medicare.  The data analyst will work closely with OMPP's Medicaid-Medicare Coordination Manager, who serves as the Medicaid point of contact for Indiana's Dually-Eligible Special Needs Plans.
The ideal Candidate will have experience with CoreMMIS, DataHub, EDW, or vendor-based analytics platforms; performance metrics such as HEDIS, CAHPS, CMS quality reporting, and actuarial data requests; T-MSIS, CMS reporting processes, encounter validation, and data quality improvement strategies; SQL and at least one of the following: Python, R, SAS.

 
Salary Statement: 

The salary for this position traditionally starts at $59,800.00 but may be commensurate with education or work experience.

A Day in the Life:

The essential functions of this role are as follows:

  • Establish and monitor program objectives, KPIs, and actions to achieve them.
  • Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, or to increase productivity.
  • Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials, or individuals.
  • Recommend and implement corrective action plans to solve program problems.
  • Prepare reports for approval, including those for funding or implementation of services.
  • Direct or coordinate the financial or budget activities to fund operations, maximize investments, or increase efficiency in the specified program.
  • Ensure program requirements meet federal and state policies and grants compliance.
  • Develop, train employees or agency consultants on program requirements and usage.
  • Coordinate and deliver communication plans and communications.
  • Serve on boards of directors and management committees.
  • Serve on management committees or other governing boards.
  • Recruit, select, onboard, and train employees to ensure role responsibilities and expectations are clearly understood while providing opportunities to continue professional development.
  • Set expectations, measure progress, provide ongoing feedback, and evaluate the performance of employees.  Ensure work adheres to quality standards, deadlines, and proper procedures. 

The job profile is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.

What You'll Need for Success:

Individuals in this role should minimally be able to articulate or demonstrate the following:

  • Specialized knowledge in program subject matter obtained through experience and/or education. 
  • Extensive knowledge of provider agencies and their programs and services.
  • Extensive knowledge of all source materials and references including federal and state laws governing the programs.
  • Ability to develop and implement new principles and policies and discern any far-reaching implications.
  • Ability to present to both internal and external customers, the public, government officials, and other stakeholders.
  • Analyzing information and evaluating results to choose the best solution and solve problems.
  • Ability to work effectively with a wide variety of stakeholders.
  • Ability to prepare monthly finance and accounting reports to maintain program budget and grants.
  • Ability to delegate work, set clear direction, and manage workflow.
  • Ability to effectively give feedback, provide guidance or corrective action, coach, and develop employee skillsets.

A degree is not required.  However, at least 9+ years of experience applying the outlined knowledge, skills, and abilities in a similar role may be considered.  

Individuals should have the ability to perform essential functions with or without reasonable accommodation.

Supervisory Responsibilities/Direct Reports:
This role may serve as a team lead for an assigned work group.

Benefits of Employment with the State of Indiana:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes: 

  • Three (3) medical plan options (including RX coverage) as well as vision and dental plans
  • Wellness Rewards Program: Complete wellness activities to earn gift card rewards
  • Health savings account, which includes bi-weekly state contribution
  • Deferred compensation 457(b) account (similar to 401(k) plan) with employer match
  • Two (2) fully-funded pension plan options
  • A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
    • 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
    • Up to 15 hours of paid community service leave
  • Combined 180 hours of paid vacation, personal, and sick leave time off
  • 12 paid holidays, 14 on election years
  • Education Reimbursement Program
  • Group life insurance
  • Referral Bonus program
  • Employee assistance program that allows for covered behavioral health visits
  • Qualified employer for the Public Service Loan Forgiveness Program
  • Free Parking for most positions
  • Free LinkedIn Learning access

Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.

What State Of Indiana employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply